END OF TENDER OFFER PERIOD FOR BERU AG
15 February 2005 - BERU

With the expiry on February 10, 2005 of the extended acceptance period for the voluntary public tender offer for shares in BERU AG by BorgWarner Germany GmbH pursuant to § 16 Par. 2 of the German Act on the Acquisition of Securities and Takeovers (Wertpapiererwerbs- und Übernahmegesetz), the offer had been accepted for 639.209 shares, or 6.39% of BERU AG’s share capital.

Following the completion of the share-purchase agreement concluded with BERU’s
major shareholders on October 30, 2004 and the exercise of the share-purchase
option of October 30, 2004, BorgWarner Germany GmbH had already acquired
63.03% of the shares and voting rights (6,302,670) in BERU AG on January 4,
2005. BorgWarner Germany GmbH, a 100% subsidiary of BorgWarner Inc., USA,
is now holding a total of 6.941.879 of BERU AG shares, or 69.42% of the share
capital.

In its statement of December 16, 2004, the Executive Board of BERU AG
supported the offer and recommended that the shareholders accept it. The Executive Board and the Supervisory Board view the EUR 67.50 per share price offered as fair and reasonable. The offer price represented a premium of 14.66% compared with the volume-weighted average price of BERU shares during the twelve months preceding the announcement of the takeover bid. BERU’s former major shareholders – family shareholders and The Carlyle Group – received EUR 59 per share.

www.beru.de

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